sahara india with draw sponsorchip of team india
Today on the morning of the day, a little over an hour before the IPL auction for season 5, the Sahara India group has announced its dissass with all cricket under the Board of Control for Cricket in India (BCCI); this means it has withdrawn its sponsorship of the Indian cricket team and has pulled out its Pune Warriors team from the Indian Premier League.Sahara India Pariwar is an Indian conglomerate company headquartered in Lucknow, Uttar Pradesh, India. Its diversified business has interest in financial services, housing finance, mutual funds, life insurance, city development, real estate activities, print and television media, film production, sports, information technology, health care, tourism, hospitality and consumer products. The group is a major promoter of sports in India. It owns the New IPL team Pune Warriors India, a 42.5% stake in Formula One's Force India Formula 1 Team and also sponsors India national cricket team and India national field hockey team.[Yuvraj Singh, who undergoing treatment abroad for a non-malignant tumour. Sahara said in a long statement, "Yuvraj Singh, who is truly like one of our family members, is, quite unfortunately, passing through a bad phase health wise, undergoing treatment for critical illness, overseas. Out of enthusiasm, he may like to come out on the ground after a few months. But any well-wisher who truly loves him, would never desire that he be allowed to play for the oncoming months. Our duty is to take care of him, so Sahara has decided to pay him his full fee this year with condition as a Guardian that his priority should be health care and he should not play till he has fully recovered
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